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How does paddle.com handle this? They take over as merchant of record, and so technically they're selling your SaaS and paying you royalties via a reverse invoi
by sudhirj 9y ago
How does paddle.com handle this? They take over as merchant of record, and so technically they're selling your SaaS and paying you royalties via a reverse invoice. Any idea if they need to or give our FIRCs?
- danieltillett 9y agoAre you suggesting that paddle.com gets around the RBI restrictions for companies based outside of India selling to Indians?
- sudhirj 9y agoNot really - they're a London based company, and they follow whatever laws are applicable in the country of each customer (EU gets VAT, India gets GST, US gets nothing), etc. If I work with them, the idea is that I've sold my product to them, so I'm exporting it to a company in London. I'll need to either pay or get exemptions for my taxes based on export rules. They re-sell it worldwide and handle whatever country specific rules are prevalent in each country, but that's not my problem any more.